For Sale By Auction | 17:00, 11 December 2019 | Lot 15

Unit 1-1E Bulwark Industrial Estate, Bulwark, Chepstow, Monmouthshire, NP16 5QZ

*Guide | £190,000 + (plus fees)

  • Light Industrial
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 11/12/2019

Auction Time

17:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Industrial/Office Investment Opportunity

The property is located in Bulwark, Chepstow close to Junction 2 of the M48 Motorway at the original Severn Bridge. Bristol is located approximately 16 miles to the South East and Newport 18 miles to the West.

Tenure

See Legal Pack

Description

This commercial investment opportunity comprise a part terrace of starter/lock-up units and a two storey office unit with an enclosed yard area. Each unit has a secured yard area to the front. Each unit, save for Unit 1e has benefit of mezzanine storage.

Accommodation

Unit 1a: 41.2 sq m / 443 sq ft - mezzanine 26.8 sq m / 288 sq ft Unit 1b: 41.2 sq m / 442 sq ft - mezzanine 13.1 sq m / 141 sq ft Unit 1c: 41.1 sq m / 442 sq ft - mezzanine 13.1 sq m / 141 sq ft Unit 1d: 41.7 sq m / 447 sq ft - mezzanine 13.3 sq m / 143 sq ft Unit 1e: 35.4 sq m / 380 sq ft Unit 1(office):14.0 sq m/151 sq ft -mezzanine-73.8 sq m/794 sq ft

Tenancies

Unit 1a £320 pcm 12 months Unit 1b £350 pcm VACANT Unit 1c £250 pcm 12 months from 21.09.17 Brockweir Glass Unit 1d £360 pcm Holding Over Brockweir Glass Unit 1e £250 pcm 12 months Unit 1 £270 pcm 5 years Telecoms £3,500 p.a. 20 years from 04.09.01 Vodaphone The Total Rents Received is £20,892 per annum.

Viewing Schedule

Viewing by appointment via Auction House 01633 212555.

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Monmouthshire County Council

Solicitors

Healys, 8-9 Old Steine, Brighton, BN1 1EJ, Ref: Navid Rasa, Tel: 01273 664095

Additional Fees

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.